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TECHNE Corporation
TECH
TECHNE
Corporation incorporated in Minnesota in
1981, is a holding company which has two wholly-owned operating subsidiaries:
Research and Diagnostic Systems, Inc. located in Minneapolis,
Minnesota and R&D Systems Europe Ltd.
located in Abingdon, England. R&D Systems is a
specialty manufacturer of biological products. It has two operating
divisions: Hematology and Biotechnology. The Hematology Division develops and
manufactures hematology controls, which are used in hospitals and clinical
laboratories to check the accuracy of blood analysis instruments. The
Biotechnology Division develops and manufactures biotechnology products
including purified proteins (cytokines) and antibodies that are sold
primarily to the research market, and assay kits which are sold to the
research and clinical diagnostic markets. Over 95% of TECHNE’s revenues are
derived from products manufactured by R&D Systems. R&D Systems has
two subsidiaries: R&D Systems China Co. Ltd. and BiosPacific, Inc. RDSE
sells and distributes R&D Systems' biotechnology products in Europe. RDSE has a German sales subsidiary, R&D
Systems GmbH.
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